Thursday, April 07, 2005

Rover plant suspends production

The situation at Rover worsens

Production has halted at Rover’s Longbridge factory
MG Rover has suspended production at its Longbridge plant amid a shortage of component parts.
Suppliers of components are believed to have stopped supplying the company because of the uncertainty surrounding the carmaker’s future.

The output halt comes as the group is locked in crucial talks with Shanghai Automotive Industry Corp (SAIC) in a bid to save the firm and 6,000 jobs.

If the talks fail MG Rover risks being forced into administration.

Rover is a major customer of a number of UK strip producer’s including Corus

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